The gains from free trade are enjoyed by a ________ number of people and the costs of free trade are imposed by ________ number of people.
A) small; large
B) large; small
C) small; small
D) large; large

Question

Quizplus · Accepted Answer

Free trade generally benefits a large number of people through lower prices and increased variety of goods, while the costs are often concentrated on a smaller group, such as workers in industries that face increased competition from imports.

The Gains from Free Trade Are Enjoyed by a ________